Kansai Nerolac Paints

Kansai Nerolac Paints Limited
Company typePublic
BSE: 500165
NSE: KANSAINER
IndustryChemicals
Founded1920
Headquarters
Mumbai, Maharashtra
,
India
Area served
India
Key people
Mr Anuj Jain (Managing Director & CEO)[1]
Products
RevenueIncrease₹7,893 crore (US$950 million) (2024)[2]
Increase₹1,561 crore (US$190 million) (2024)[2]
Increase₹1,176 crore (US$140 million) (2024)[2]
Total assetsIncrease₹7,410 crore (US$890 million) (2024)[2]
Total equityIncrease₹5,599 crore (US$670 million) (2024)[2]
Number of employees
2,992 (2020)[2]
ParentKansai Paint
Websitenerolac.com

Kansai Nerolac Paints Limited (formerly known as Goodlass Nerolac Paints Ltd) is the largest industrial paint and third largest decorative paint company of India based in Mumbai.[3][4][5] It is a subsidiary of Kansai Paint of Japan.[6] As of 2015, it has the third largest market share with 15.4% in the Indian paint industry.[7] It is engaged in the industrial, automotive and powder coating business.[8] It develops and supplies paint systems used on the finishing lines of electrical components, cycle, material handling equipment, bus bodies, containers and furniture industries.[9][10]

  1. ^ "Kansai Nerolac appoints Anuj Jain as Managing Director". The Economic Times. 19 February 2022.
  2. ^ a b c d e f "Kansai Nerolac Paints Financial Statements" (PDF). bseindia.com. Retrieved 4 May 2024.
  3. ^ "Paint industry smells a huge opportunity in economic growth | Mint Money". Mintmoney.livemint.com. 7 July 2010. Retrieved 26 September 2010.[permanent dead link‍]
  4. ^ "About | Kansai Nerolac Paints Limited". Nerolac.com. Retrieved 26 September 2010.
  5. ^ "Nerolac Paints to invest Rs 400 cr on expansion". Hindustan Times. 6 May 2010. Archived from the original on 24 May 2010. Retrieved 26 September 2010.
  6. ^ "Overseas network". Kansai Paint. Archived from the original on 10 March 2016. Retrieved 27 February 2015.
  7. ^ "CMR's India Paints Report 2016 - CyberMedia Research-CMR" (PDF). cmrindia.com. Archived from the original (PDF) on 12 November 2016. Retrieved 8 November 2016.
  8. ^ Jethmalani, Harsha (10 May 2023). "Kansai Nerolac brushes up strategy to beat competiton [sic] blues". mint.
  9. ^ "Accumulate Kansai Nerolac Paints; target of Rs 486: Prabhudas Lilladher". Moneycontrol. 13 May 2023.
  10. ^ "Kansai Nerolac Paints shares trade ex-bonus; stock up 8%". Business Today. 4 July 2023.